Question Detail
Sumit and Ravi started a business by investing Rs 85000 and 15000 respectively. In what ratio the profit earned after 2 years be divided between Sumit and Ravi respectively.
- 17:1
- 17:2
- 17:3
- 17:4
Answer: Option C
Explanation:
Note: If you have clear concept of ratio and proportion chapter then it will really easy for you to solve partnership problems.
P:Q = 85000:15000 = 17:3
Important to note there that if both have invested for different period of times then we had to multiply with number of months to get the desired ratio.